liabilities
What you owe
Liabilities are debts or financial obligations—what a person or organization owes.
In accounting, liabilities appear on balance sheets opposite assets: The company's liabilities exceeded its assets.
The singular liability also means legal responsibility for damages or losses, or more generally, a disadvantage or burden: His temper was a liability in negotiations.
Money owed another
- creditorOne owed money
- loanBorrowed money repaid later
- defaultPreset standard option
- interestAttention, stake, or fee
repayment · mortgage · bond · lender · borrower · arrears · insolvency · bankruptcy
Imposed competitive disadvantage
- hindranceBarrier to progress
- impedimentThing that obstructs progress
- encumbranceHindrance or legal claim
- drawbackUnfavorable feature or flaw
disadvantage · albatross · millstone · drag · weakness · shortcoming · limitation · detriment
Civil court proceeding
- tortActionable civil harm
- negligenceFailure to exercise care
- damagesCompensation for injury
- indemnityProtection against financial loss
litigation · defendant · plaintiff · malpractice · breach · culpability · settlement · judgment
Required moral task
- commitmentFirm pledge to act
- promiseCommitment to act
- pledgeBinding promise given
- covenantBinding formal pledge
guarantee · accountability · responsibility · bond · requirement · mandate · stipulation · fiduciary duty
State of being unprotected
- vulnerabilityOpenness to harm
- contingencyUncertain possible event
- uncertaintyState of being unsure
- hazardSource of potential harm
threat · jeopardy · susceptibility · downside · worst-case · uninsured · underinsured · unfunded
debt
Money owed another
interest · repayment · mortgage · bond · lender · borrower · arrears · insolvency · bankruptcy · amortization
handicap
Imposed competitive disadvantage
- hindranceBarrier to progress
- impedimentThing that obstructs progress
- encumbranceHindrance or legal claim
drawback · disadvantage · albatross · millstone · drag · weakness · shortcoming · limitation · detriment · obstacle
lawsuit
Civil court proceeding
- tortActionable civil harm
- negligenceFailure to exercise care
- damagesCompensation for injury
indemnity · litigation · defendant · plaintiff · malpractice · breach · culpability · settlement · judgment · claim
duty
Required moral task
- commitmentFirm pledge to act
- promiseCommitment to act
- pledgeBinding promise given
covenant · guarantee · accountability · responsibility · bond · requirement · mandate · stipulation · fiduciary duty · statutory
exposure
State of being unprotected
- vulnerabilityOpenness to harm
- contingencyUncertain possible event
- uncertaintyState of being unsure
hazard · threat · jeopardy · susceptibility · downside · worst-case · uninsured · underinsured · unfunded
- bankingbank, banks, ATM, ATMs, account
- accounting termsassets, cash, expenses, equity, retained earnings
- finance termsnet profit, gross profit, budget, credit, debt
- stock marketstock, shares, stocks, trading, stock market
- metricsKPI, metric, KPIs, metrics, statistics
- Banking MetricsROE, deposit rate, loan rate, interest rate, liquidity
liabilitiesassets
Owned items of value
strengths · advantages · benefits · plus · pluses
liabilitiesimmunities
Protections from penalty or disease
protections · exemptions · indemnities · safeguards · shields
- tax liabilitiesMoney owed to government
- assets and liabilitiesOwned value and debts
- unfunded liabilitiesDebts without backing assets
- financial liabilitiesObligations requiring future payment
- civil liabilitiesLegal obligations to pay